VLYPP
Income statement / Annual
Last year (2023), Valley National Bancorp's total revenue was $1.88 B,
an increase of 0.97% from the previous year.
In 2023, Valley National Bancorp's net income was $498.51 M.
See Valley National Bancorp’s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
Operating Revenue |
$1.88 B
|
$1.86 B
|
$1.37 B
|
$1.30 B
|
$1.11 B
|
$991.26 M
|
$771.75 M
|
$721.37 M
|
$634.07 M
|
$552.37 M
|
Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Gross Profit |
$1.88 B |
$1.86 B |
$1.37 B |
$1.30 B |
$1.11 B |
$991.26 M |
$771.75 M |
$721.37 M |
$634.07 M |
$552.37 M |
Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
General & Administrative
Expenses |
$591.48 M
|
$549.57 M
|
$390.05 M
|
$352.17 M
|
$349.14 M
|
$362.08 M
|
$274.39 M
|
$255.95 M
|
$238.63 M
|
$207.54 M
|
Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$4.25 M
|
$4.67 M
|
Selling, General &
Administrative Expenses |
$591.48 M
|
$549.57 M
|
$390.05 M
|
$352.17 M
|
$349.14 M
|
$362.08 M
|
$274.39 M
|
$255.95 M
|
$242.88 M
|
$212.21 M
|
Other Expenses |
$1.29 B |
-$466.96 M |
-$1.11 B |
-$1.12 B |
-$1.00 B |
-$721.60 M |
-$594.45 M |
-$570.74 M |
-$572.22 M |
-$436.03 M |
Operating Expenses |
$1.88 B |
$82.62 M |
-$724.44 M |
-$771.24 M |
-$655.77 M |
-$359.52 M |
-$320.06 M |
-$314.79 M |
-$329.34 M |
-$223.83 M |
Cost And Expenses |
$2.67 B |
$82.62 M |
-$724.44 M |
-$771.24 M |
-$655.77 M |
-$359.52 M |
-$320.06 M |
-$314.79 M |
-$329.34 M |
-$223.83 M |
Interest Income |
$3.14 B |
$1.98 B |
$1.33 B |
$1.38 B |
$1.32 B |
$1.16 B |
$842.42 M |
$766.92 M |
$707.02 M |
$636.60 M |
Interest Expense |
$1.47 B |
$321.04 M |
$124.33 M |
$264.82 M |
$422.95 M |
$302.05 M |
$174.11 M |
$148.77 M |
$156.75 M |
$161.85 M |
Depreciation &
Amortization |
$83.21 M
|
$110.91 M
|
$77.14 M
|
$71.56 M
|
$64.79 M
|
$40.25 M
|
$29.97 M
|
$30.36 M
|
$9.17 M
|
$9.92 M
|
EBITDA |
$761.54 M
|
$728.87 M
|
$685.20 M
|
$612.33 M
|
$528.19 M
|
$0.00
|
$0.00
|
$269.14 M
|
$0.00
|
$0.00
|
EBITDA Ratio |
0.41 |
0.61 |
0.49 |
0.43 |
0.43 |
0.68 |
0.6 |
0.58 |
0.5 |
0.61 |
Operating Income Ratio
|
0.51
|
0.59
|
0.47
|
0.41
|
0.41
|
0.64
|
0.59
|
0.56
|
0.48
|
0.59
|
Total Other
Income/Expenses Net |
-$275.96 M
|
-$223.78 M
|
-$99.86 M
|
-$110.89 M
|
-$139.69 M
|
-$118.70 M
|
-$75.99 M
|
-$83.24 M
|
-$132.27 M
|
-$87.23 M
|
Income Before Tax |
$678.33 M |
$780.67 M |
$640.74 M |
$530.07 M |
$456.80 M |
$329.69 M |
$252.74 M |
$233.38 M |
$126.90 M |
$147.23 M |
Income Before Tax Ratio
|
0.36
|
0.42
|
0.47
|
0.41
|
0.41
|
0.33
|
0.33
|
0.32
|
0.2
|
0.27
|
Income Tax Expense |
$179.82 M |
$211.82 M |
$166.90 M |
$139.46 M |
$147.00 M |
$68.27 M |
$90.83 M |
$65.23 M |
$23.94 M |
$31.06 M |
Net Income |
$498.51 M |
$568.85 M |
$473.84 M |
$390.61 M |
$309.79 M |
$261.43 M |
$161.91 M |
$168.15 M |
$102.96 M |
$116.17 M |
Net Income Ratio |
0.27 |
0.31 |
0.35 |
0.3 |
0.28 |
0.26 |
0.21 |
0.23 |
0.16 |
0.21 |
EPS |
0.95 |
1.14 |
1.13 |
0.94 |
0.88 |
0.79 |
0.58 |
0.63 |
0.42 |
0.56 |
EPS Diluted |
0.95 |
1.14 |
1.12 |
0.93 |
0.87 |
0.79 |
0.58 |
0.63 |
0.42 |
0.56 |
Weighted Average Shares
Out |
$507.53 M
|
$485.43 M
|
$407.45 M
|
$403.75 M
|
$337.79 M
|
$331.26 M
|
$264.04 M
|
$254.84 M
|
$234.41 M
|
$205.72 M
|
Weighted Average Shares
Out Diluted |
$509.25 M
|
$487.82 M
|
$410.02 M
|
$405.05 M
|
$340.12 M
|
$332.69 M
|
$264.89 M
|
$255.27 M
|
$234.44 M
|
$205.72 M
|
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